Japan megabanks target yen stablecoin launch
Japan's three largest banking groups plan to jointly issue a stablecoin by March 2027, marking one of the country's most significant efforts to expand the use of yen-denominated digital assets.
Japan's three largest banking groups plan to jointly issue a stablecoin by March 2027, marking one of the country's most significant efforts to expand the use of yen-denominated digital assets.
Mastercard has unveiled Agent Pay for Machines, a new platform designed to enable AI agents and software systems to make secure automated payments as the company positions itself for the growth of AI-driven commerce.
Coinbase has called on US lawmakers to remove capital gains tax requirements on stablecoin payments and create exemptions for small cryptocurrency transactions, arguing that current rules impose unnecessary compliance burdens on everyday users.
Rebecca Hill, CEO at Morgan Stanley Wealth Management Australia, says the country's budget may lead to money flowing away from real estate and into shares. She speaks with Haidi Stroud-Watts from the sidelines of the Morgan Stanley Australia Summit in Sydney.
CME Group has launched Nasdaq CME Crypto Index futures, giving investors a regulated way to trade and hedge exposure to a diversified basket of leading digital assets.
Stand With Crypto UK has launched a campaign encouraging its 286,000 members to challenge British banks that restrict transfers to cryptocurrency exchanges, arguing the measures limit access to regulated digital asset platforms.
Bitcoin traders are closely watching the Bank of Japan’s June 16 policy meeting after BTC suffered declines of between 18% and 28% following each of the central bank’s four rate hikes since 2024.
The US Treasury Department has expanded its Operation Economic Fury campaign against Iran by sanctioning nine individuals and entities accused of supporting the country’s military weapons procurement network.
The US Commodity Futures Trading Commission has proposed a new regulatory framework for prediction markets that would generally permit sports event contracts while restricting contracts tied to outcomes that could be manipulated.
Financial heavyweights in Hong Kong including Baidu CFO Henry He and BlackRock's APAC Head Susan Chan share their insights on how AI is changing their workplaces.
Top voices in finance joined Bloomberg to discuss topics ranging from the impact of China's regulatory crackdown to the risk of a global tech selloff. Bloomberg's David Ingles and Yvonne Man break down the highlights.
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.